"The younger generation is now only interested in trade and services. Few people want to invest in factories to produce because of policy mechanisms to encourage enterprises not invested for production ", words of an entrepreneur in the field of assembly have shown one of the" knots "large mechanical manufacturing industry today.

Dated 11.10.2015, the Department of Heavy Industry, Ministry of Industry and Trade in collaboration with the relevant units to organize the Conference Development Strategy Vietnam Mechanics in 2025 and orientations to 2030. Deputy Minister Industry and Trade Cao Quoc Hung attended and chaired the workshop.

More than ever, the need for technological innovation to improve productivity of mechanical enterprises are becoming urgent, but the question remains as finance, lack of resources ...

In the process of surveying the needs of technology innovation in the enterprise, the Department of Applied Technology and Development (Ministry of Science - Technology) has been working with strong mechanical enterprises both state and private. It can be seen that the current domestic technology is not complete to be able to produce high quality products, meet the needs of domestic and foreign partners.

Korean businesses are very interested in the mechanical engineering industry in Vietnam precisely because this is the industrial sector that businesses support foreign investment (FDI) is needed.

This was confirmed by Mr. Hang Ha Ryu - chairman Korean Business Association in Vietnam (KORCHAM) at a press conference about the International Exhibition of Machine Tools, Precision Mechanics and Metal Forum 26- 28/4 from here at the International Exhibition Centre, Hanoi (MTA Hanoi 2016).